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Tweets including USDT
USDT dominance is almost at its trendline resistance
I'm expecting a rejection in a week or two, which will mark the bottom in crypto
USDT dominance short term uptrend is over
A crash is coming next which will send BTC and alts higher
USDT dominance is about to tap its weekly resistance zone
If you have been sidelined, now is a good time to accumulate
USDT suppliers in the Saturn Vault are earning 3 layers of yield:
🔹 30K $LISTA emissions this week, up to 24% APY
🔹 5x @saturn_credit Points for suppliers
🔹 Base vault APY from lending to PT-USDat markets
Curated by @Hyperithm.
Deposit now:
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USDT0, the cross-chain version of Tether's $182.34B USDT, has moved more than $115B between blockchains on LayerZero, averaging over $103K per transfer.
On Stellar, where it launched September 2, its volume passed $200M in under 10 weeks.
@LayerZero_Core
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USDT Vault is paying 8.62% APY on @BNBCHAIN
Curated by @gauntlet_xyz, allocating across different leading collateral markets on Lista Lending.
USDT, USDC Contraction Slows (#243#)
USDC accounted for $12.28M of the $19.00M that $USDT and USDC shed in a day, against $1.83B on the week, while Ethereum logged +$952.71M of net mint/burn flow.
See the map.
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USDT on BNB Chain moved more in a month than Tron and Ethereum combined
$USDT on @BNBCHAIN recorded $3.69T across 471 million transfers over the past 30 days, about 2.5 times Tron and Ethereum combined, per rwa.xyz.
The supply behind it is far smaller: $9.18B versus $92B on Tron and $75B on Ethereum. That means each dollar moves about 400 times a month, compared with roughly 8 to 9 times on the other two chains. The totals count every transfer, including trading bots and contract activity.
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USDt is coming home to Bitcoin.
@Vihnatiuk (@utexocom) explains more at The Future of Capital Markets, including how exchanges, wallets, market makers and OTC desks can mint and redeem USDt on Bitcoin via @RGB_Bitcoin.
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USDT's Weekly Drop Passes $1B (#238#)
$USDT's seven-day decline hit $1.02B, past the $910M follow-through mark, as the Bank Run Gauge fell to -30 from -11 and DEWS ALERT+ names rose to eight from three. A -40 gauge reading would make flow stress the lead.
See the map.
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